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originalcollectorcloudlove · 3 years

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Medical Non-woven Disposables Market Size, Share, Analysis by 2028

The global medical non-woven disposables market is estimated to reach the USD 30.4 billion by 2026, at a CAGR of 6.7% during the forecast period from 2020 to 2026. Phenomenal growth in life-expectancy, along with corresponding increase in the number of patients with chronic diseases and increasing preference for home care are the key factors driving the medical non-woven disposables market through the forecast period. The incidence of fecal and urinary incontinence is growing in the light of growing aged population. The use of disposable products in this population is imperative as prevention of accidents infections is a key concern. Growing availability of high quality incontinence products is therefore anticipated to have a favorable impact on the growth of this industry.

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Additionally, in the currently ongoing situation of deadly infections over the past couple of years, the demand for disposable medical supplies has seen a never-before growth. There are also growing initiatives by public and private groups to promote the use of disposable supplies in developing markets. These regions are also witnessing growing number of local manufacturers, therefore reducing the costs of disposable products and increasing their affordability to healthcare institutions and patients alike. Moreover, the WHO has also issued some prominent guidelines for specific hygiene practices to be followed for prevention of contagious diseases, healthcare associated and surgical site infections. Conversely, the challenge in terms of environmental hazards from dumping of such products may hold back the market growth to a visible extent.

Consistent product innovation has been a key factor supporting the high demand for incontinence products and disposable medical supplies in the global market. The novel products offer prominent benefits such as super-absorbency, odor control and leak resistance. This helps the patients to gain confidence in leading a normal life, and such facts also assist in augmenting product or brand loyalty among the consumers. Growing local manufacturing of these items is also supporting in reducing their prices and therefore increasing affordability.

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The uptake of medical non-woven disposables, especially the hygiene products is gradually moving out of the traditional channels. Their purchase is significantly moving out from physical channels and diverting to online platforms. Online distribution channel shall be continuing to register the fastest market growth within the forecast period, cannibalizing the market share of retail and hospital pharmacies. Direct to consumer sale is enabling more discounts and more outreach to customers and manufacturers respectively. Emergence of online platform has also enabled in creating a foothold for generic product manufacturers.

Geographically, countries such as Japan, U.S., India, China, Germany and some others are among the largest consumers of non-woven disposable products. The pool of geriatric population is significantly high in these countries along with corresponding incidence of chronic illnesses. This has also led to increased admission in hospices, assisted living facilities and hospitals and therefore consumption of hygiene disposables.

Adroit Market Research report on global medical non-woven disposables market gives a holistic view of the market from 2016 to 2026, which includes factors such as market drivers, restraints, opportunities and challenges. The market has been studied for historic years from 2016 to 2018, with the base year of estimation as 2019 and forecast from 2020 to 2026. The report covers the current status and future traits of the market at global as well as country level. In addition, the study also assesses the market based on Porter's five forces analysis and positions the key players based on their product portfolio, geographic footprint, strategic initiatives and overall revenue. Prominent players operating in the global medical non-woven disposables market have been studied in detail.

The global medical non-woven disposables market can be segmented based on product types and distribution channels. On the basis of product types, this market is segmented into hygiene products and medical disposables. At present medical supplies, due to their sheer traded volume dominates the global market with more than 50% revenue share. High demand for these products and their imperative status in surgeries for prevention of surgical site infections drive the growth of this segment. On the other hand, hygiene products segment is anticipated to progress as a rapid growth rate during the forecast period. Rapid increase in the number of consumers and growing incidence of debilitating chronic diseases form the key drivers of the segment growth.

Geographically, North America dominated the global medical non-woven disposables market. A large set of the American population is geriatric and is found to use incontinence products. A majority of such patients is female. Additionally, Asia Pacific is anticipated to progress at a rapid growth during the forecast period. Large set of geriatric populations in Japan, China and India, along with the burgeoning healthcare infrastructure in the region contribute to the fast-paced growth of Asia Pacific market.

Major players in the global medical non-woven disposables market are Kimberly-Clark Corporation, Asahi Kasei Corporation, Domtar Corporation, Medtronic PLC, Molnlycke Health Care AB, First Quality Enterprises, Inc., Medline Industries, Inc., MRK Healthcare Pvt. Ltd., Cypress Medical Products, Freudenberg Nonwovens, First Quality Enterprises, Inc. and Svenska Cellulosa Aktiebolaget.

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Key Segments of the Global Medical Non-woven Disposables Market

Product Overview, 2016-2026 (USD Million)

Hygiene Products

Ostomy Liners

Incontinence Pads

Diapers

Underwear

Panty Shields and Liners

Others

Medical Supplies

Face Masks

Drapes

Caps

Gowns

Others

Distribution Channel Overview, 2016-2026 (USD Million)

Hospital Pharmacies

Retail Pharmacies

Online

Others

Regional Overview, 2016-2026 (USD Million)

North America

U.S.

Canada

Europe

Germany

United Kingdom

France

Rest of Europe

Asia Pacific

China

Japan

India

Rest of Asia Pacific

Latin America

Brazil

Mexico

Rest of Latin America

Middle East & Africa

About Us :

Adroit Market Research is an India-based business analytics and consulting company incorporated in 2018. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a market’s size, key trends, participants and future outlook of an industry. We intend to become our clients’ knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenues. We follow a code â€“ Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps.

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Account Manager Global

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TX75204, U.S.A.

Phone No.: USA: +1.210.667.2421/ +91 9665341414

#Medical Non-woven Disposables Market

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roshan-jha · 4 years

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Keep Putting on Face Mask Until Corona Is Defeated

Although, the situation around us is ameliorating slowly but you must not careless even for fractional duration until the dark situation wiped out. Hence, putting on face mask, wearing head gear and carrying hand sanitizers are till under the criteria of necessary things and to-do’s.

Till the time, I am pretty sure, you all are well known about all these types of medical measures, particularly all types of face masks. Yet for your future reference, I will glimpse on multifarious types of masks along with their specific utilities below.

A normal face mask

To facilitate every day’s prosaic life, this mask is made for. In general it’s a normal cloth mask which covers the portion of mouth in order to prevent inhaling poisonous smoke, fetid odor, high cold and just gross pollution. No specific medical attention is given to this.

A surgical cotton mask for doctors and health workers

As mentioned above, it is for the doctors and their acquaintances are used at the time of medical emergency, operation theatre or any routine checkup. It is made up with three layered thin filter cloth or cotton piece. And it is disposable. This type of mask is most efficient for any kind of germinal infection to odor to air pollution. And this is most cheap out of all other types.

A three layered cloth mask

It is like the above. Only difference is, it is made up with layered cotton and reusable. However, it is more efficient for pollution control than any kind of virus contamination.

An anti pollutant mask

These are doctors’ prescribed and WHO accepted. It is imperatively made up for trapping the finest suspended pollutants, which are marked by scientists as PM2.5, 5 and 10. Hence, following the particulate matter number the masks are also categorized as well as build accordingly, like, PM 2.5 and so on.

An antibacterial mask

This is the ideal one, especially for current scenario. In fact during this pandemic situation, WHO prescribed masks have been available in the market, which are known as N95 mask, KN95 mask etc. Be carefull while purchasing a medicated N 95 mask. For, there has been abundance of fraud masks as well.

A contemporary concept of a customised printed mask to promote

The word ‘promotion’ means exhibition. Whether, for individual diligent flaunt or to enhance business efficacy we often lend the concept and custom. Although, the word is more efficient for business world yet in this tough time, we can spread the message of social awareness through capping noses and mouths by printed masks, with messages like, a face cover can protect or if you wish to survive do put me on etc. That’s why popularity of customised printed mask suddenly become trendy.

Apart from social issues, custom masks can efficiently be used among several business platforms in order to show an intelligent promotion. For example, a logo printed mask with a health conscious quote does maintain its oath of a healthy business. Or the concept would also be perfectly used by several NGOs who already stand by the needy in this perishable time. They can distribute quote printed masks among indigents at free of cost.

How and where to get a mask?

The answer instantly flashes in our mind just after reading the question is, a medical store. Well, impressive enough. But here comes the witty part. If you look for a set of custom mask, then you better look for a custom store than any medical store. Nearly all custom shops are making these presently by following doctor’s rule. In this way, a popular custom shop is Printland.in, which dispenses heterogeneous kinds of masks at perquisite price ranges. For example, a custom disposable mask is of rs. 7/-, a bulk mask of set 5 or 10 is off roughly rs 225/ to 450/-. Additionally, there is chance of getting discount in bulk order and a free sanitizer on any order above rs. 700.

Now, to get into the details of printing, you have to follow few basics. These are…

Firstly, Google custom stores and choose a plausible online site, say Printland.in or any other and check it’s variety and availability of masks. You can also use credible offline podiums.

Then choose a mask or a bulk disposable mask or cotton masks or a N95 mask for further printing.

Then head towards editing bar. There you do upload any logo or any message you want to print in the ‘uploading image’ section.

Adjust the photo a little to the editing bar. And finish the method.

Hence, I am sure that this piece of information certainly provides terse information about varieties of masks. So, do buy a few as per requirement. And remember, you must not loosen the degree of personal hygiene until the situation improves. After all we all should have one goal in our mind, just to relegate Corona from this Universe. So, I believe you, me and all will corroborate together and hasten the process to complete faster. Because, more we stand in unity faster we can defeat the disease.

#Customised printed mask #Respiratory mask #Cotton mask

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clsfyd-com · 4 years

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thechasefiles · 4 years

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The Chase Files Daily Newscap 30/4/2020

Good Morning #realdreamchasers! Here is your daily news cap Thursday 30TH April, 2020. There is a lot to read and digest so take your time. Remember you can read full articles via Barbados Government Information Service (BGIS), Barbados Today (BT), or by purchasing a Daily Nation Newspaper (DN).

SCHOOL TERM STARTS ON MONDAY - The Trinity school term will commence on Monday, May 4, 2020. Minister of Education Santia Bradshaw made the announcement earlier today and also indicated her Ministry would be rolling out its electronic learning suite. In an address to the public tonight, Prime Minister Mia Mottley made it clear to parents and guardians that the school plants would remain closed. “For the avoidance of doubt, no child will be going physically to the school plant for classes,” she explained. Instead, the Ministry of Education will be using its remote learning platform G- Suite for Education. The Prime Minister acknowledged not every child had access to an electronic device or even internet access, so the G-Suite Tech-drive project will provide “much needed assistance to several students who require devices”. “This is not a perfect situation,” she said. “However, I am pleased that this initiative has already garnered significant support from the private sector as well as individuals and over the course of the next week we will see the distribution of devices to those students in greatest need across the education system.” Some schools have already been testing the platform and the Ministry says most of the teachers have been trained. (DN)

MORE PUBLIC SECTOR OFFICES REOPENING IN PHASE 2 – The public sector will reopen on a phased basis from May 4, 2020 to continue to provide support to both private and public initiatives as Barbados moves to Phase 2 of the recovery plan in a new COVID-19 environment. And Prime Minister Mia Mottley cautioned there will be a period of adjustment, but the system will also be reviewed in about two weeks. During a national address on Wednesday night, the Prime Minister said this reopening was on the best advice of the public health officials, but it would be some time before a new normal is established and that hinges on the development of a vaccine. In the meantime, those Government offices which have been functioning over the 24-hour curfew like the General Post Office, National Insurance Department and Customs and Immigration Departments will continue to do so, while others which “provide functions deemed critical at this time”, will commence operations with regular staff complements to provide full services. The Prime Minister said some staff will work in the office and others will continue to work remotely. “I consider it important to get the seeds of economic activity growing again, and departments such as those responsible for projects in the Ministry of Transport Works and Maintenance and the Lands Surveys Department in the Ministry of Housing and Rural Development are supportive of the kinds of targeted construction activities we need at this time,” she said. Those which will operate with partial staff include the Town and Country Planning Department and the Urban Development Commission; Units in the Ministry of Finance, Economic Affairs and Investment including the Public Investment Unit; and the Rural Development Commission in the Ministry of Housing, Lands and Rural Development. “I need to stress that when these new measures come on stream, in all instances across all arms of government, the requirement of physical distancing must be observed. Only those engagements which do not put the public nor the officers in danger will be allowed,” Mottley said. Additionally, personal protective equipment must be provided to staff, some adjustments will have to be made to physical spacing and masks are to be worn. Those who can work from home must continue to do so and a system of flexi-time and staff rotation will be implemented. This system will be overseen by the permanent secretaries in the various ministries and Mottley told those public servants who are uncertain of their statues to check with the relevant heads in their departments. She said a hotline would be set up to provide answers for persons whose businesses may be impacted. (DN)

MORE SERVICES IN NEXT PHASE –Barbadians will again be able to go to the beach, and purchase alcohol, but under strict conditions. Prime Minister Mia Amor Mottley tonight said she recognised that some people needed the soothing effect of a seabath, along with execise, but cautioned that the period for gping to the beach must be adhered to. "We will begin in Phase 2 by opening them from 6 a.m. to 9 a.m. every morning and we will monitor closely to see if we can safely widen this window," she said. Purchasing of alcohol will be allowed, but public consumption is banned. Additionally, Mottley listed businesses that will be open under Phase 2 on May 4, 2020. These businesses are as follows: Everything that was allowed to function in Phase 1. Mottley emphasised: "For the absence of doubt, everything that can be carried out fully at home, online, construction and mining." Landscaping services, Food and beverages manufacturing and retailing, Supermarkets, Finance and insurance, Legal, accounting and other professional services to support businesses Tradesmen (like joiners and upholsterers and welding workshops), Automotive stores and workshops, Landscaping, garden and pool operations, Electronic stores, other than for mobile ICT, Retailers of baby products, Building supplies, Beauty supply stores, Health and medicine services, Office equipment and supplies, Pet services and supplies, Safety equipment, Security products and services, Marine products distributors, Education suppliers, Dry cleaning and laundry services, distribution and printing supplies, delivery companies. (DN)

ACTING SAFELY, PROTECTING THE VULNERABLE – Prime Minister Mia Amor Mottley spoke to the country for close to two hours tonight and outlined measures for a phased easing of the lockdown imposed to limit spread of the novel coronavirus (COVID-19) pandemic. Among measures were what she called “protocols for safe people doing safe things and vulnerable people at home and protected”. Vulnerable people were defined as:

• Anyone who has a high temperature or a new, persistent cough

• A vulnerable person (by their age, underlying health condition, clinical condition or are pregnant)

• Is living with someone in self-isolation or a vulnerable person. should not come to work.

For public transport, buses will be limited to 60 per cent capacity to provide sufficient space and only one person at a time can sit on a row of chairs. While it is not yet mandatory, she asked that people wear masks, whether disposable or cloth, in public. “I know that some of you already have the disposable masks – surgical and in particular, the N95. Let us agree that as far as possible these should be left for our health care workers and frontline workers. Barbadians will buy and they will make,” she said. Workers were encouraged to travel to work alone using their transport, where possible. Mottley said employers need to consider parking arrangements for additional cars and bicycles, providing hand cleaning facilities at entrances and exits. “All persons entering the worksite are, with their consent, to have their temperature taken before proceeding onto the site. Temperatures on sites should be tested twice daily by a dedicated nurse assigned to carry out this duty for large workplaces like construction sites, supermarkets and manufacturing plants.

OTHER RMEASURES INCLUDE:

• Employers should introduce staggered start and finish times

• All workers must wash or clean their hands before entering or leaving the workplace

• Employers must allow at least six feet or two metres between people waiting to enter the site.

• Employers must regularly clean common contact surfaces.

HAND WASHING

• Employers must provide additional handwashing facilities to the usual welfare facilities on larger sites or significant numbers of personnel on-site.

• Employers must ensure soap and fresh water is readily available and kept topped up at all times.

• The workforce should be required to stay on-site once they have entered it and not use local shops.They should be asked to bring pre-prepared meals and refillable drinking bottles from home.

• Break times should be staggered to reduce congestion and contact at all times.

Workers should sit two metres apart from each other while eating and avoid all contact. Payments should be taken by contactless methods wherever possible.

AVOIDING CLOSE WORKING

• Non-essential physical work that requires close contact between workers should not be carried out.

• Work requiring human contact should not be carried out

• All workers should wear the disposable face mask issued once made available.

• Employers should increase ventilation in enclosed spaces, regularly clean the inside of work vehicles and between use by different operators.

• Only necessary meeting participants should attend in-door meetings.

• Rubbish collection and storage points should be increased and emptied regularly throughout and at the end of each day.

• Beyond these protocols, we must phase our approach to limit bunching and congestion and potential sources of risk.(DN)

HOME HELPERS NO THREAT TO PUBLIC SAYS ACTING CMO – All 236 members of staff of the National Assistance Board (NAB) have been tested for COVID-19, and no additional positive results have been recorded. Consequently, officials of the Ministry of Health and Wellness have advised Barbadians, particularly elderly and incapacitated persons who depend on personnel from the Home Help Service for assistance, that they have nothing to fear while interacting with these workers. Additionally, the Ministry of People Empowerment and Elder Affairs has reiterated that while the headquarters of the NAB is closed in accordance with the advice of health officials, its Home Help Programme remains fully functional. Acting Chief Medical Officer Dr Kenneth George explained that personnel from the Ministry of Health had been engaged in rigorous contact tracing since the first case was discovered and they were now satisfied there was no additional threat to the public. He explained that after the completed course of testing, there remained five positive cases among office staff of the NAB headquarters, which had been traced to one member who had come into contact with a family member with a travel history. The one non-office staffer who tested positive, a home helper, investigations showed, came into contact with one of the members of the office staff. As a result of intensive investigations of this home helper’s case, including testing of the individual and family members, George explained that there was no need for any fear among clients of the service. “The Ministry of Health and Wellness’ position is that our elderly and vulnerable face no threat of COVID-19 by interacting with home helpers or the other members of staff who provide at-home services. “Of course, the public can be assured that if there is a change in circumstances, we will be frank and honest with them,” George said. (DN)

100 BAJANS FOR FARM JOBS – With thousands jobless as the economy reels from the global pandemic, scores of Barbadians are to leave the island soon to head to Canada for jobs in farming, Minister of Labour Colin Jordan has revealed. Barbados is set to participate in the Seasonal Agriculture Workers’ Programme despite delays due to the impact of the COVID-19 pandemic. He told Barbados TODAY that within days a contingent of over 100 workers are to head to Canada once flights arrangements have been finalized. But Jordan said: “How and when those flights are arranged is not really up to us, that is up to the Canadian government working with the farmers’ organization to organize those flights so that they can come into Barbados, take the Barbadian workers and go back. “So the situation is very fluid but it is being worked on and I believe that within days, no more than a week or two, the first set of Barbadian workers will be going off to Canada. “We are right now assessing our workers. We have said to them this is the situation. We have indicated to them what the issues could possibly be. But I have to say to you that Barbadian workers want to work. “The workers understand the situation and they have made decisions, and almost all have said yes we want to go. So we are fully part of the programme and some of our workers are soon going to be leaving to go to Canada to earn some money to support themselves and their families.” Given the impact of the COVID-19 pandemic on Barbados and the rest of the world, the Labour Minister said he was concerned that the programme would have to be cancelled this year. But in talks with Canadian authorities, Government has been assured that the workers will be going into a safe environment, he said. Jordan told Barbados TODAY: “Under normal circumstances, persons would have gone to Canada during the month of March, not all, but some. But we would have had flight disruptions and there also was the situation where protocols had to be put in place by the Canadian government and the Canadian farmers’ organizations to ensure that workers were safe in the work environment. “We have been working very closely with the Canadian government and through our consulate in Toronto as well as our High Commission in Ottawa to make sure that all the protocols that would keep Barbadian workers safe are in place. We are satisfied that those protocols are in place. From actually visiting the farms we recognize that in many cases there is always natural distance as workers work.” The Minister also indicated that the management of some of the Canadian farms have requested that the workers be brought in earlier than usual owing to delays in readying crops for harvest. He said that it was important Barbados played its part in supporting the programme at this time since some of the island’s food is imported from Canada. Jordan declared: “At the end of the day, the world still needs to eat and some of the supplies chains that I am talking about that are being disrupted are also in Canada. “So [Barbadians] have a vested interest in making sure that agriculture around the world does not fail because all of us have to eat.” (BT)

LOW WATER LEVELS STOP BWA FROM PUMPING AT BOWMANSTON & THE MOUNT - Residents and businesses in St John, St Peter, and St George are likely to experience water outages, the Barbados Water Authority has advised. In a statement, the BWA said it has to stop pumping from two of its facilities due to low water levels – Bowmanston in St. John and the Mount in St. Peter. The Authority explained: “The situation is a direct result of the continued dry spell the island is experiencing and at present appears to be a daily occurrence, as the aquifer is not being replenished fast enough for pumping to be continuous” Affected areas are as follows:

St. John: Cheshire, Eastmont, Small Hope, Moores Land, Carters, Gall Hill, Clifton Hall, Church View, Newcastle, Martins Bay, Zores Land, Pothouse, Glebe, Colleton, Colleton Gardens, Cliff Cottage, Coach Hill, Haynes Hill, Bath Land, Welch Village, Sargeant Street, Society, Massiah Street, Rose Gate, Guinea Land, Stewart Hill, Pool Land, Spooner’s, Wakefield Tenantry, Lemon Arbor, Cherry Grove, Four Roads, Sherbourne, Todds Tenantry, Henley, Macaroni Village and surrounding areas.

St George: Ashbury, Golden Ridge Village and surrounding districts.

St Peter: The Mount No. 1 and the Mount No. 2 and surrounding areas. (BWA)

BRA RESUMES PASSWORD SET EMAILS –The Barbados Revenue Authority (BRA) has announced that the “Forgot Your Password” emails from TAMIS have resumed. A press release said while BRA has been responding to queries through the available channels and has manually reset passwords, taxpayers are asked to note that the “Forgot Your Password” link on the TAMIS login page is the official method for doing so. The process includes answering security questions before the email with a temporary password is sent. Taxpayers are asked to change the temporary password on successful login to TAMIS. The statement said taxpayers should also note that if a password request submitted via email or social media has not yet been reset that they should use the link available on the TAMIS website to do so. BRA reminded taxpayers that it is not business as usual, and looks forward to continued patience. (BGIS)

PDP CRIES FOUL OVER BILL – The Opposition People’s Party for Democracy and Development (PDP) has joined with the Barbados Bar Association in criticising Government over lack of consultation before bringing the Criminal Justice (Miscellaneous Provisions) Bill, 2020, to Parliament last week. Party spokesperson on law and order, attorney Maria Phillips, accused the Mia Amor Mottley administration of sneaking through the legislation, which would impact the right to trial by jury, while the country was focused on the COVID-19 pandemic. “Why is this being done now, particularly during this time? Why must it be done at this point in time when we are in a public health emergency state? It makes you wonder what other things that Parliament may want to bring and pass as legislation while we are in this state. (BT)

UPDATE: BARBADOS RECORDS 7TH COVID-19 DEATH - A 78-year-old Barbadian woman today became the seventh person who died from COVID-19. The woman, who arrived on the island on March 12 from the United Kingdom, was tested for COVID-19 on March 27 after reporting symptoms. She was diagnosed as positive on the same day and immediately admitted to the Isolation Facility at Enmore, but was later transferred to the primary isolation facility at Harrison Point, St Lucy. The patient, who had diabetes and hypertension, was intubated and remained on a ventilator for 33 days. Her condition fluctuated as she showed improvements periodically until it deteriorated this morning when she succumbed to the viral illness around 7 o’clock. Acting Chief Medical Officer, Dr Kenneth George, expressed sadness on hearing of the death and extended sympathy to the friends and family of the deceased on behalf of the Government and people of Barbados. Meanwhile, no new cases of COVID-19 were recorded in Barbados overnight. All 75 tests conducted by the Best-dos Santos Public Health Laboratory, two of which were employees of the National Assistance Board, came back negative. This brings the total number of tests to 2005. To date, the island has recorded 80 confirmed cases of COVID-19, 39 persons recovered, while 34 persons remain in isolation. (BGIS)

ST MICHAEL MEN FINED $7,000 EACH FOR BREACHING CURFEW LAW – It has cost two men $7,000 each for their “reckless” disregard of the nation’s curfew law, which requires all persons to remain indoors. The sum is the highest imposed on any person pleading guilty to breaching the Covid-19 directive law put in place by the Government to help stem the spread of the highly contagious and deadly coronavirus. Now, the two men, 43-year-old seaman, Rene Decoursey Jordan and 33-year-old Damien Decourey Walter, both of London Bourne Towers, Bay Street, St Michael have 20 weeks in which to pay the fines if they want to avoid spending six months in prison. Prosecutor, Sergeant Theodore McClean, said on April 26 lawmen received a report that men wearing masks, one armed with a firearm were walking along Wharf Road, St Michael. They responded and on reaching the area they observed one man throwing something into the Careenage. Divers were called in to search the area but McClean said due to the conditions at the time and poor visibility nothing was recovered. The men were questioned on their reasons for being outdoors at 9:45 p.m. on Sunday.Jordan, according to the prosecutor, told police, “I just went to the ATM to give back my friend money I had borrowed,” while Walter said, “I just went outside to assist him to the ATM.” The two were arrested and charged. Today, before Chief Magistrate Ian Weekes the men’s attorneys-at-law, Talal Noumeh and Faye Finisterre, made submissions for their clients to be shown leniency. Noumeh said contrary to what the prosecutor had read in the facts his instructions were that Walter’s was having an “asthmatic fit . . . and so he went for a walk. He went for a walk with the other fella to calm himself down.” The attorney told the court that he was not denying the seriousness of the charge but asked that the distance between his client’s residence and where he was found be taken into consideration. “It not like he was from St George. He is not known and has been in police custody since Sunday. I ask the court to look upon him mercifully.” However, the magistrate said while he was aware that lawyers took instructions, Walter’s condition was one that put him in the “at risk” group. Finisterre, meantime said, she was “surprised” by the facts, given that the charge against her client, Jordan, “speaks nothing” of such an offence.

She explained that Jordan had a reasonable excuse as he was a port worker and was expecting to be called in to work the following day. As such she said he went to the ATM to get money for his elderly mother with whom he lives, as the following day was their day to do business and shopping. “He wanted to ensure that his elderly mother had the funds.” The defence attorney also pointed to the facts outlined which suggested that the men were wearing masks at the time. “Everybody wears a mask, it is a socially responsible. We can’t vilify certain people for wearing masks,” she argued as she urged the court not to impose a custodial sentence on her client. But the chief magistrate questioned the time the men went to the ATM. “What I am hearing is absurd, at a quarter to 10 going to the ATM is madness. They are reckless. The two of them are reckless,” Weekes stressed. He added: “He (Walter) is an asthmatic and walked from London Bourne Towers to the Careenage . . . reckless. “They are not going to jail today but they are reckless…A fine of $7,000 each. “This is to send a message to all of those liming in the district. No more moonlighting!” (BT)

PRISON TIME FOR CURFEW VIOLATION – Six months in prison was the sentence handed down on a 32-year-old man who was outdoors on Heroes Day during the national curfew without a reasonable explanation. Shane Alexander Drakes, of 1st Avenue Sion Hill Terrace, Sion Hill, St James was arrested around 2:45 p.m. yesterday by police. Lawmen were carrying out operations in a bushy area of Drakes’ community when they saw him approaching an area where cannabis plants were under cultivation. Asked why he was outdoors at the time Drakes, according to prosecutor Sergeant Theodore McClean, told lawmen he was coming to “cut some sticks”. However he had no paraphernalia to support was he was saying. A search was requested and a quantity of cannabis was found on him. “This is a little Bajan weed that a man give me to smoke this morning,” he told police at the time. Before Chief Magistrate Ian Weekes today Drakes explained that his younger brother wanted sticks to “complete something” in their backyard. “So he asked me to help so I went to cut some sticks,” he explained while admitting that he was aware that a curfew was in place. Asked by the chief magistrate what were his days for shopping and doing other business Drakes was unsure and listed three days for shopping – Monday, Wednesday and Friday. “My problem with all of this, is that, we have too many ads out there to protect people and wunna out there breaking the law. Too many of wunna walking around like nothing is happening. Wunna don’t understand how serious this Covid thing is,” Chief Magistrate Weekes said before he imposed the sentence on the breach of curfew charge. Drakes was reprimanded and discharged on the drug charge. (BT)

DOUBLE JEOPARDY – Having reportedly received a bit of neighbourhood justice, a 31-year-old will now spend three months in prison for breaking the COVID-19 curfew. With his two arms heavily bandaged and in slings, Mario Rommel Michael Lamar Murrell, of Upper Military Road, Bush Hall, St Michael appeared before Chief Magistrate Ian Weekes and pleaded guilty to being outdoors on April 26 about 9 p.m. without a reasonable excuse. The prosecutor said lawmen received a report that a man was along Jubilee Gap, Barbarees Hill knocking on doors of residents begging for money. Several residents approached him but he ran off and was subsequently captured by the residents. When police arrived they found Murrell with injuries about the body. He was taken to the hospital for medical attention. When asked why he was on the road at the time Murrell said: “I am very sorry I was trying to get busfare.”Sergeant Theodore McClean said Murrell has 21 prior convictions the last in January 2019 where he spent 18 months in prison for burglary and loitering. “I is a diabetic and an asthmatic. I rent a room in Upper Military Road and wanted to go to St Philip. I was feeling really, really bad. I stopped by a family friend in Barbarees Hill to get $7 busfare. I was sleeping during the day because I was not feeling good. I did not know what time it was. I was aware a curfew is in place,” Murrell said. However, he said, he did not knock on the doors of any of his neighbours in Upper Military Road because he did not really know them. He also disclosed that it was men who knew him that “come out and beat” him. (BT)

T&T NURSES WANT $1 MILLION COVID-19 DEATH PAYOUT - The T&T Registered Nurses’ Association (TTRNA) is asking the Government to consider a $1 million payout in the event any nurse loses their life during the COVID-19 pandemic. The request comes in the wake of the death of head nurse Merlene Placide at the Caura Hospital last week. While Placide’s death was not COVID-related, the anxiety of the fraternity has once again been heightened after what nurses claimed was the poor response to the North Central Regional Health Authority following her death. Placide volunteered her services for COVID duty and reportedly set up the virus unit at Caura. However, following her death, the NCRHA only sent a fruit basket and a wreath to her family, as per policy with RHA’s. This prompted calls for hazard pay, death benefits and health insurance nurses now on the COVID frontline. In a 10-page letter Minister of Health Terrence Deyalsingh on Monday (April 27), the TTRNA, which is headed by Idi Stuart, proposed that a $1 million disbursement be paid to the beneficiaries of nurses “in the unfortunate circumstance that he or she dies while on duty or in route to or from duty as a direct result of work.” It said the cost to the Government is to be determined. The TTRNA also asked for tiered Hazard allowance for nurses and midwives working in hazardous situations. It said this will cost Government $9,182, 520 per year. The third request is a proposal for a contributory and mandatory Health Insurance Benefit at $500,000 over a three-year period to be administered through the TTRNA’s existing policy with TATIL. The expected cost per year to the Government, as worked out by the TTRNA, is $12,600. At the COVID-19 news conference yesterday, Deyalsingh said Regional Health Authorities were gearing up to approach the Chief Personnel Officer (CPO) to discuss medical coverage for the healthcare providers. He said he discussed the matter with the CEOs of all the RHAs yesterday and was told that all RHAs “have some sort of insurance for healthcare workers; healthcare workers in general, not a particular group.” However, notwithstanding this, he said the RHAs will be seeking to do more for the frontline workers. “I am told they are looking to go to the Chief Personnel Officer to see what other additional coverage can be offered but this has to be done using the process available with the Chief Personnel Officer,” Deyalsingh said. In response to this, Stuart said his association was pleased with the announcement. “However, we continue to be confused with the repeated statements made by officials that nurses already receive some measure of health insurance. For the record, nurses do not receive any form of health insurance or any other benefit from the RHAs,” he said. Stuart said the TTRNA is mindful Deyalsingh also said the Cabinet has already approved significant sums to the COVID response to be used by the RHAs but said he does not envision any problems in accessing more if needed. “Therefore, the association and its members, while thankful, are a bit disappointed that the Government did not see it fit to be proactive and provide these benefits for staff who are directly working with suspected and positive patients, and it took the death of a nurse and the agitation of TTRNA to jolt the ministry into action,” he said. Yesterday, Deyalsingh reminded the country that Cabinet approved $157 million to deal with COVID-19 and that his ministry has got everything it asked for. “So I see no financial challenges moving forward dealing with COVID,” he said. At the briefing, Deyalsingh also said the National Academy for the Performing Arts (NAPA) is now operational and four health care workers are currently being housed there, while 12 more are expected next week. He said the facility will be used to quarantine medical professionals after they deal with COVID patients. On Monday, police officers received word that they will now be covered by COVID-19 insurance with an agreement between the Trinidad and Tobago Police Service (TTPS) and the Guardian Group. Those covered under the specialised Guardian Life plan will be entitled to $10,000 if they contract the virus. Should they die as a result of COVID-19, their dependants will receive an additional $25,000. The coverage period is 12 months but will be subject to review depending on how the COVID-19 issue develops. (Guardian)

DROPPING GAYLE WAS JUST BUSINESS - The Jamaica Tallawahs Caribbean Premier League (CPL) franchise today insisted that the decision to drop Chris Gayle ahead of the 2020 season was just “business and cricketing reasoning”, contrary to what the T20 specialist has alleged. Responding to a series of YouTube videos in which the Jamaican accused assistant coach Ramnaresh Sarwan of having a big part to play in the Tallawahs releasing him from the squad, the franchise said it was disappointed by Gayle’s comments. It insisted that Sarwan did not play a role in the decision to part ways with the 40-year-old batting star. “Mr Gayle gave several reasons for the decision that was made not to retain him in the Tallawahs. However, the truth is that this decision was made collectively by the ownership and management team, which did not include Mr Ramnaresh Sarwan, and based purely on business and cricketing reasoning,” it said in a statement. “The Tallawahs had a very disappointing season in CPL 2019, where the team finished last in the tournament. The ownership and management team has exercised its rights in the selection of players for CPL 2020 for the betterment of the team.” Gayle, 40, played his first four seasons of the T20 tournament with Tallawahs, which he led to the title in 2013 and 2016, before turning out for St. Kitts and Nevis Patriots in the 2017 and 2018 seasons. He returned to his home franchise last year. Last week, the St. Lucia Zouks announced he was joining the squad for the 2020 CPL. In a scathing attack on Sarwan, Gayle claimed to have been victimized by his former West Indies teammate because he had not previously supported his bid to be head coach of the Tallawahs’ squad. The world’s leading T20 run scorer also charged that management of the franchise was “playing games” with him before his departure. He claimed that the Tallawahs’ CEO Jeff Miller asked him three times to take a pay cut because the franchise was struggling financially. According to Gayle, he agreed to two reductions, even though a three-year contract he had signed with the team in 2019 stated that his pay would be increased each year. However, the self-styled ‘Universe Boss’ said he refused a third cut when the request was made on the CPL’s March 31 retention submission deadline, and Miller said he would get back to him but never did. Gayle said he subsequently found out from people at the CPL that his name was not on the list. “The ownership and management of the Jamaica Tallawahs was disappointed to see the comments made by Mr Christopher Gayle about his departure from the Tallawahs, as we would much rather have had these discussions in private,” the franchise said in its statement today. The Kris Persaud-owned franchise also denied Gayle’s claims that his exclusion from the Tallawahs this year was political. “The ownership and management of the Tallawahs have no political affiliation with any political organization in any country of the Caribbean,” it said, adding that it would make no further comment on the matter as it was “focusing on building the team for the future”. The eighth edition of the CPL is scheduled to run from August 19 to September 26, but organisers are keeping an eye on the COVID-19 pandemic and liaising with medical advisors and governments to determine if play will go ahead. CEO Pete Russell has said that novel social distancing measures could be implemented to ensure the tournament comes off as planned, including playing without international players and using only a few stadiums as venues to mitigate against widespread contact. (CMC)

The world is facing the rapid spread of the Covid-19 Coronavirus Pandemic. As we continue to do our part in Barbados please remember to stay home but on the days you have to go out wear your masks, practice social distancing (stand 6-10 feet away from each other), practice good daily hygiene, eat healthy, exercise and keep your mind active. There are 246 days left in the year Shalom! Follow us on Twitter, Facebook & Instagram for your daily news. #thechasefiles #dailynewscaps #bajannewscaps #newsinanutshell #coronavirusinbarbados #nationalresponse #dailynews #thechasefilesblog

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ppemart · 4 years

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Disposable Surgical caps

Buy online Disposable Surgical caps at a discounted price from https://www.ppe-mart.com/product/disposable-surgical-cap/

#Surgical caps

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supervidyavinay · 4 years

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A mediclaim-type health insurance policy generally does not cover the cost of most consumables used in the treatment of a disease or condition in a hospital. In a pre-coronavirus world, that was not a big problem. However, that is not the case now. The number and cost of consumables used in the treatment of Covid-19 has been increasing. This along with other factors has led to a rise in overall cost of coronavirus treatment. "Normal treatment cost of Rs 50,000-1 lakh has now surged to Rs 1-2 lakh for Covid-19 treatment (due to increase in cost of consumables, patient distancing in hospitals, etc.) and to Rs 6-7 lakh or more where co-morbidities are involved or treated in expensive hospitals," said Chandan D S Dang, Executive Director, Securenow.in, a Delhi-based insurance broker. Consumables in health insurance parlance refer to single-use items that are frequently used in medical treatments or procedures. These are considered non-medical items and hence, are not payable under most health insurance policies.Why the cost of treatment of Covid-19 has increased In hospitals, the use of personal protective equipment (PPE kits) is unavoidable to contain the spread of the coronavirus. A single PPE kit includes a pair of nitrile gloves, a single-use coverall, goggles with transparent glasses, an N-95 mask, shoe covers, and a face shield. Since each of these items are separately considered consumables, there is a significant increase in the number of consumables used in the treatment of Covid-19 infection. Not just the cost of PPE kits but the cost of other consumables is also included in the hospital bill. These consumables are normally surgical accessories like tissue paper, crepe bandage, gown, foot covers, slippers, disposable gloves, sheets, syringes, gowns, masks etc. Toiletries and cosmetics are also considered as consumables. None of this is covered under a health insurance policy, even though they are included in the hospital bill for treating a coronavirus patient at a hospital. Rakesh Goyal, Director, Probus Insurance, Insurtech Broking Company, said that on average, the cost of consumables accounts for 10 per cent of the treatment cost. "However, in Covid-19 treatment, the cost of consumables significantly increases as it is linked to the severity of the infection and the duration of hospitalisation. Moreover, the highly infectious nature of the novel coronavirus and mandated quarantine period of 14 days has significantly raised the cost of consumables. For instance, in Covid-19 cases, PPE kits, goggles, footwear, sanitisers and disinfectants are additionally required consumables," he said.As a result, the (non-payable) cost of such consumables forms a large portion of the total cost of treatment of Covid 19 infection in a hospital. Basically, these consumables are used for personal comfort or convenience and safety. Dang said that the list of consumables increases for Covid-19 treatment and can account for around 25 per cent of the total treatment cost. "The regulator has given clear directions that the entire cost of consumables has to be included in the Covid treatment cost," he said.Dang explained further, "The incremental cost is about Rs 1,500 per day if the person is just in the room. The nurses, doctors and staff wear these suits throughout the day, so the costs get apportioned across patients. However, during a surgery the incremental cost is about Rs 6,000 per surgery which is based on 5 PPE suits at about Rs 1,200 per suit. These need to be discarded after each surgery. So, over a week-long hospitalisation with a surgery the incremental cost will be Rs 16,500 (@Rs 1,500 for 7 days plus Rs 6,000 for the surgery)."Impact on hospital bills: Hospitals have increased the cost of treatment for Covid-19 patients not only because of increase in consumables used but also due to social distancing of patients. For instance, in a hospital ward where 20 people used to get treated, now only 10 are being treated due to patient distancing. Consumables used in treating Covid-19 are costly and mostly not payable by insurers Currently, most existing health insurance policies do not cover the cost of PPE kits and other consumables used in the treatment of Covid-19. Some insurers have considered these consumables as non-payable medical items the cost of which has to be borne as out-of-pocket expenses by the insured. Naval Goel, CEO & Founder, PolicyX.com said, "Because of COVID-19, hospitals are charging for consumables like PPEs.Hospitals confirmed that there is a rise of around 25% in the hospital bills due additional consumables required for Covid-19 treatment. However, insurance companies do not cover PPE costs at the time of claim settlement. This, however, depends on case to case basis," Goel said.Goel further said, "Most consumables generally come under non-medical expenses and are required for one-time use, mainly because of sterility and infection concerns. That is the reason why many health insurers don't pay for them."Since there is no capping on trade margin for consumables or disposables used for Covid-19 treatment, the cost of these consumables is also increasing sharply.Dr S Prakash, Managing Director, Star Health and Allied Insurance explains why some of the consumables are not covered under mediclaim policies: "Whatever consumables are reasonably required and appropriately charged are covered under the comprehensive health insurance policy. However, the problem occurs with some of the consumables where trade margin is very high. When the trade margin is too high, naturally there will not be adequate funds to pay for it. Hence, these are not covered by the insurers," Prakash said. Existing policyholders can check the detailed list of consumables, which are non-payable items, in their policy document.Abhijit Chatterjee, Executive Vice President (Claims), IFFCO Tokio General Insurance said, "For cashless claims also, the cost of consumables is non-payable and has to be borne by the policyholder. However, for Covid-19 related hospitalisation currently there is no protocol issued by any authority on various consumables. Hence, we are considering them on a case to case basis."It has been reported that the Insurance Regulatory and Development Authority of India (IRDAI) has asked the non-life insurance companies to work out a standardised cost structure for Covid-19 treatment due to the rise of treatment costs.What policyholders can doInsurance companies have the flexibility to include or exclude consumables in their health covers and charge premium accordingly. IRDAI has left it to the insurers' discretion whether they want to pay for consumables like PPE kits. Prakash said, "Most of the health insurance policies where the premium is priced low usually will reasonably cover some of these consumables. If the policy is priced well and if it is a high-end policy (comprehensive health insurance policy), it will usually cover all types of accommodation and most of the consumables that are used at the time treatment."Thus, if you are buying or renewing your policy in the coming days, it is important to check with your insurer whether your policy covers such consumables. Currently, only a few products in the market cover consumables used in the treatment of Covid-19. Therefore, check the detailed list of consumables in the policy document. The list of non-payable consumables varies from insurer to insurer.Click here to download ET Online’s guide to everything personal finance in the times of Covid-19 from Economic Times https://ift.tt/2YntcoX

#News #Economy #COVID19

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itswallstreetpr · 4 years

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Monster Opportunities in the Small-Cap Market (ABML, GTEH, APT, NVAX, GNBT)

Today, our goal is to focus on stocks in the micro-cap and small-cap space with the ability to deliver extremely outsized returns in a very short period. The home-run speculative plays that aren’t for the faint of heart. Call them lotto-tickets. Call them Hail Mary’s. We call them: Huge opportunities (if well-timed). The stocks that fit this description are always shifting. Right now, here a five names that have or could produce a year’s worth of gains in a week or a month: American Battery Metals Corp (OTCMKTS:ABML), GenTech Holdings, Inc. (OTCMKTS:GTEH), Alpha Pro Tech, Ltd. (NYSEAMERICAN:APT), Novavax, Inc. (NASDAQ:NVAX), and Generex Biotechnology Corporation (OTCMKTS:GNBT). American Battery Metals Corp (OTCMKTS:ABML) trumpets itself as a company that engages in the exploration, mining, extraction, and recycling of battery metals. ABML is an advanced extraction and battery recycling technology company with valuable mineral resources in Nevada. The company is focused on its lithium-ion battery recycling and resource production projects in Nevada, with the goal of becoming a substantial domestic supplier of battery metals to the rapidly growing electric vehicle and battery storage markets. It owns 1,300 lithium mining claims covering an area of 30,000 acres located in the Western Nevada basin in Railroad Valley in Nye County, Nevada. And the stock has been acting well over recent days, up something like 12% in that time. American Battery Metals Corp (OTCMKTS:ABML) had no reported sales in its last quarterly financial data. In addition, the company is battling some balance sheet hurdles, with cash levels struggling to keep up with current liabilities ($20K against $6.1M, respectively). GenTech Holdings, Inc. (OTCMKTS:GTEH) is perhaps the most interesting name on this list because it hasn’t yet taken off the upside. The other stocks here have been breakouts that are pulling back with defined catalysts already in play. With GTEH, the catalysts are there, but the stock hasn’t yet broken out of its base. The big news from the company is that it is now finally moving fully into commercial stage operations with a new and compelling specialty coffee subscription product that has the capability to shift into a market-leading play in a booming space. Just this morning, the company announced that its launch of the product went off “without a hitch” and new orders have already begun flowing in. “The launch was successful and we have already begun to receive subscription orders and book revenues,” noted David Lovatt, CEO of GenTech. “The website is fully functional across all US states as well. In every respect, the launch has gone off without a hitch and we anticipate a stronger-than-expected initial month based on the smooth process thus far and the early response we are seeing from customers.” According to the company’s release, the subscription market for household goods grew by 890% between 2014 and 2018. Other credible analysis suggests that growth accelerated in the past two years and may continue to accelerate in the years to come, marking a clear secular trend that represents an evolution of consumer behavior as the logistical and technological factors involved in coordinating and delivering complex goods matures and consumer behavior evolves in response. Despite this robust growth trend, the Company believes there remains room for a massive further expansion in the space. Only 7% of US households currently subscribe to a food or beverage product online leaving massive growth according to YouGov. Worldwide, the online foodstuff market, according to Statista, is running at 10% engagement by consumers willing to buy food and beverage products online. Revenue in e-Commerce segment‚ food and beverages alone, in the United States is expected to reach $15bn by 2021, rising from $9bn in 2016. In other words, GTEH may be set to breakout over coming days and weeks and it’s worth having on the radar asap. Alpha Pro Tech, Ltd. (NYSEAMERICAN:APT) trumpets itself as a company that engages in developing, manufacturing, and marketing a line of disposable protective apparel, building supply products, and infection control products in the United States and internationally. The company operates through three segments: Building Supply, Disposable Protective Apparel, and Infection Control. The Building Supply segment offers construction weatherization products, such as house wrap, synthetic roof underlayment, and other woven materials. The Disposable Protective Apparel segment provides shoe covers, bouffant caps, gowns, coveralls, lab coats, hoods, frocks, and other miscellaneous products. The Infection Control segment offers face masks and eye shields. The company provides its products under the Alpha Pro Tech brand name, as well as under private labels. Its products are used primarily in cleanrooms; industrial safety manufacturing environments; health care facilities, such as hospitals, laboratories, and dental offices; pharmaceutical markets; and building and re-roofing sites. The company distributes its products through a network of purchasing groups, distributors, and independent sales representatives, as well as through its sales and marketing force. The context for this announcement is a bit of a bid, with shares acting well over the past five days, up about 29% in that timeframe. Alpha Pro Tech, Ltd. (NYSEAMERICAN:APT) managed to rope in revenues totaling $10.9M in overall sales during the company's most recently reported quarterly financial data -- a figure that represents a rate of top line growth of -0.4%, as compared to year-ago data in comparable terms. In addition, the company has a strong balance sheet, with cash levels far exceeding current liabilities ($6.9M against $2.3M). Novavax, Inc. (NASDAQ:NVAX) bills itself as a clinical-stage biotechnology company that focuses on the discovery, development, and commercialization of recombinant nanoparticle vaccines and adjuvants. Its lead adjuvant is Matrix-M that is used to enable a vaccine to enhance the amplitude of the immune response and qualitatively change it, enhance its specificity to provide protection against related microorganisms, as well as allows immunization with much lower doses of antigen. The company develops respiratory syncytial (RSV) virus fusion protein nanoparticle vaccine candidate for infants via maternal immunization in Phase III clinical trial; older adults in Phase II clinical trial; and children six months to five years of age in Phase I clinical trial. Novavax, Inc. also develops NanoFlu vaccine, which is in Phase I/II clinical trial for treating seasonal influenza in older adults; and Ebola virus glycoprotein vaccine that is in Phase I clinical trial. Its preclinical programs include Zika virus; combination respiratory vaccine candidate to protect against RSV and seasonal influenza, as well as other infectious disease vaccine candidates. NVAX shares have acting well over the past five days, up about 23% in that timeframe. Novavax, Inc. (NASDAQ:NVAX) pulled in sales of $2.5M in its last reported quarterly financials, representing top line growth of -67.6%. In addition, the company has a strong balance sheet, with cash levels far exceeding current liabilities ($75.5M against $21.6M). Generex Biotechnology Corporation (OTCMKTS:GNBT) promulgates itself as a company that engages in the administration of formulations of large molecule drugs to the oral cavity using a hand-held aerosol applicator in Canada and the United States. It offers Generex Oral-lyn, an oral insulin product. The company is also developing AE37, a synthetic peptide vaccine, which has completed Phase IIb clinical trial to stimulate a potent and specific immune response against tumors expressing the HER-2/neu oncogene in patients with breast cancer and prostate cancer. In addition, it develops, manufactures, and distributes rapid point-of-care in-vitro medical diagnostics for infectious diseases, such as human immunodeficiency virus, tuberculosis, malaria, hepatitis B, hepatitis C, syphilis, and others; and test kits and cassettes for testing infectious diseases, as well as Excellagen, a wound conforming gel. Further, the company is developing immunotherapeutic products and vaccines; and extracellular matrix hydrogel solution, a tissue engineered therapy for the treatment of Ulcerative Colitis. Additionally, it manufactures and sells foot and ankle kits with surgical plates, screws, and tools; and distributes surgical supplies, orthopedic implants, and biologics, including human placental derived tissue products for regenerative medicine applications. If you're long this stock, then you're liking how the stock has responded to the announcement. GNBT shares have been moving higher over the past week overall, pushing about 52% to the upside on above average trading volume. Generex Biotechnology Corporation (OTCMKTS:GNBT) pulled in sales of $722K in its last reported quarterly financials, representing top line growth of 70237.3%. In addition, the company is battling some balance sheet hurdles, with cash levels struggling to keep up with current liabilities ($540K against $34.3M, respectively). Read the full article

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